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FDC surges on receiving EIR from USFDA for its manufacturing unit at Baddi

FDC Ltd. | Pharmaceuticals & Drugs | Healthcare | BSE: 531599 | NSE: FDC

04 Jul 2016 Evaluate

FDC is currently trading at Rs. 195.25, up by 10.85 points or 5.88% from its previous closing of Rs. 184.40 on the BSE.

The scrip opened at Rs. 184.30 and has touched a high and low of Rs. 196.30 and Rs. 184.30 respectively. So far 40,000 shares were traded on the counter.

The BSE group 'B ' stock of face value Rs. 1 has touched a 52 week high of Rs. 273.80 on 06-Oct-2015 and a 52 week low of Rs. 152.50 on 10-Jul-2015.

Last one week high and low of the scrip stood at Rs. 196.30 and Rs. 178.50 respectively. The current market cap of the company is Rs. 4,619.93 crore.

The promoters holding in the company stood at 68.89%, while Institutions and Non-Institutions held 13.88% and 17.23% respectively.

FDC has received the Establishment Inspection Report (EIR) from US Food and Drug Administration (USFDA) for its manufacturing unit situated at Baddi, Himachal Pradesh with ‘No observations’. This approval confirms the closure of inspection conducted in February 2016. The said audit was carried out in relation to cGMP inspection and ANDA filed by the company for product Cefixime 400 mg tablet.

Besides, there was an inspection at the company’s manufacturing unit situated at Waluj, Aurangabad district in Maharashtra, by USFDA which has been completed on July 01, 2016. The USFDA has made two minor observations for which appropriate steps shall be taken by the company. The above audit was carried out in relation to cGMP inspection and ANDA filed by the company for product Dorzolamide Ophthalmic Solution.

FDC is an India-based pharmaceutical company engaged in pharmaceutical business. The company manufactures Electral, oral rehydration salt (ORS), being a leader in this segment.

FDC Share Price

358.65 2.60 (0.73%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Sun Pharma Inds.	1675.20
Dr. Reddys Lab	1235.40
Cipla	1238.30
Zydus Lifesciences	942.55
Lupin	2324.25
View more..

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FDC surges on receiving EIR from USFDA for its manufacturing unit at Baddi

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